344, GLOUCESTER ROAD, CHELTENHAM, GL51 7AE - £242,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

344 GLOUCESTER ROAD is a very small extended semi-detached house of 72m², built sometime before 1900, which could now be worth an estimated £243,447. It was last sold for £242,000 in September 2024, which was around 39% below the average September 2024 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

344 GLOUCESTER ROAD Sold Prices

Land registry data shows nine sales for 344 GLOUCESTER ROAD since 1^st January 1995. The below table shows the price paid for the nine sales, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. All of the nine 344 GLOUCESTER ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 27 SEP	£242,000	£396,832	39% below HPI
2018 29 JUN	£194,955	£307,075	37% below HPI
2018 23 MAR	£189,000	£292,677	35% below HPI
2010 10 SEP	£150,000	£221,466	32% below HPI
2006 17 NOV	£167,000	£217,289	23% below HPI
2003 28 FEB	£121,000	£160,288	25% below HPI
2001 2 FEB	£78,590	£110,191	29% below HPI
1997 10 OCT	£51,950	£75,498	31% below HPI
1995 27 OCT	£41,000	£67,790	40% below HPI

344 GLOUCESTER ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cheltenham local authority area over time, sourced from the HPI. The nine 344 GLOUCESTER ROAD sales between October 1995 and September 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2024 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 344 GLOUCESTER ROAD be worth now?

344 GLOUCESTER ROAD might now be worth an estimated £243,447.

This is based on house price inflation of 0.6%, between September 2024 and December 2024, for semi-detached houses, in the Cheltenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.6% inflationary increase is applied to the most recent sale price for 344 GLOUCESTER ROAD of £242,000 on 27th September 2024. For the value to have increased from £242,000 to £243,447 over the nine months to December 2024, the following assumptions must hold true:

• The value of 344 GLOUCESTER ROAD has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The September 2024 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 344 GLOUCESTER ROAD has not materially changed since September 2024.

How Large is 344 GLOUCESTER ROAD?

344 GLOUCESTER ROAD is 72m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of semi-detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cheltenham, and where 344 GLOUCESTER ROAD lies on this distribution: 6% of semi-detached houses houses are smaller than 344 GLOUCESTER ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

344 GLOUCESTER ROAD: Plot and Title Map

344 GLOUCESTER ROAD sits on a plot of roughly 0.018 of an acre, or 72m². The below map shows the location of 344 GLOUCESTER ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 344 GLOUCESTER ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 344 GLOUCESTER ROAD?

344 GLOUCESTER ROAD is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 344 on GLOUCESTER ROAD.